v3.25.1

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Apr. 25, 2025	Apr. 26, 2024
Current assets:
Cash and cash equivalents	$ 2,742	$ 1,903
Short-term investments	1,104	1,349
Accounts receivable	1,246	1,007
Inventories	186	186
Other current assets	573	452
Total current assets	5,851	4,897
Property and equipment, net	563	604
Goodwill	2,723	2,759
Purchased intangible assets, net	43	124
Other non-current assets	1,643	1,503
Total assets	10,823	9,887
Current liabilities:
Accounts payable	511	517
Accrued expenses	1,122	1,013
Current portion of long-term debt	750	400
Short-term deferred revenue and financed unearned services revenue	2,279	2,176
Total current liabilities	4,662	4,106
Long-term debt	2,485	1,992
Other long-term liabilities	379	585
Long-term deferred revenue and financed unearned services revenue	2,257	2,058
Total liabilities	9,783	8,741
Commitments and contingencies (Note 17)
Stockholders' equity:
Common stock and additional paid-in capital, $0.001 par value, 885 shares authorized; 201 and 206 shares issued and outstanding as of April 25, 2025 and April 26, 2024, respectively	1,106	997
Retained earnings	0	208
Accumulated other comprehensive loss	(66)	(59)
Total stockholders' equity	1,040	1,146
Total liabilities and stockholders' equity	$ 10,823	$ 9,887

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

NetApp, Inc. 10-K